The new Business Improvement District (BID) proposals, now named the ‘EC Partnership’ is being formally launched in November. The new BID would include Old Broad Street, Threadneedle Street, Bishopsgate, Gracechurch Street and Cornhill (The Royal Exchange and adjacent streets sit in the already operational Cheapside BID). These will be joined with the whole of the ‘Eastern Cluster’ area of tall buildings, Leadenhall Market, Monument and as far as Fenchurch Street station.
The intention would be for businesses, landlords and the City of London Corporation to work together to enhance the public realm within the area to include streets and walkways enhancements, work to improve air quality and organise events to improve the experience of workers, visitors and residents. Importantly the partnership would provide the area with a combined voice when discussing important matters with the local authority and other public sector bodies.